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May 24, 2018

Major Expansion on Tap for Gaylord Palms

Gaylord Palms Resort & Convention Center in Kissimmee, FL, is about to undergo a $150 million expansion project.

The planned expansion will add 303 guest rooms to the resort’s current 1,416 room inventory and 90,000 square feet of carpeted meeting and pre-function space. Once complete, the planned expansion will bring the total convention, meeting and pre-function space at Gaylord Palms to approximately 490,000 square feet.

The meeting space addition includes a new 30,000-square-foot ballroom, 30,000 square feet of breakout space and approximately 30,000 square feet of carpeted pre-function space. In addition, the planned expansion will include a new multi-level parking structure and an expansion to the property’s resort pool that will include a new lazy river feature and a new events lawn.

In a written statement, Colin Reed, chairman and chief executive officer of Ryman Hospitality Properties, said, “Much like our recently-completed Gaylord Texan expansion, we believe this expansion will allow us to meet the increasing demand we are seeing from large group customers seeking additional high-quality meeting space in a way that takes full advantage of our existing resort infrastructure.”

Construction on the multi-story parking structure is expected to begin in the third quarter of 2018. Construction on the meeting space, rooms expansion and pool enhancements is expected to begin following the completion of the parking structure in the spring of 2019. The planned expansion is expected be completed during the spring of 2021.

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